David Rubenstein started his career as a big firm lawyer, but decided that life wasn't for him. He now works for himself and also runs a credit and credit card forum thanks to a longtime love for personal finance. Learn how he escaped the 9-5 life and got started with his credit forums side hustle in this week's episode of the Personal Profitability Podcast.
Sometimes people with student loans, mortgages, and auto loans get a letter in the mail that their loan has been transferred to a new lender. This can be a surprising letter to receive in the mail, but it happens for important reasons and should not be a major stress to you or your finances.
While working as a bank manager, I learned about all sorts of fancy financial tools, and how you can combine some of them to build something even better. Two such tools are a home equity line of credit, or a HELOC, and a debit card.
Standard personal finance advice is to use credit cards responsibly and pay off your balances in full every month. Some go so far as to say that we should stay away from credit cards altogether.
But like most things in life, nothing is black and white. There are a lot of grey areas that blur the lines between responsible and reckless, cautious and crazy — areas where we may not be doing the “right thing”, but we’re doing the best we can.
One day a few months ago, I bought a program that I use for my WordPress site maintenance service. The tool cost me about $99, and I was excited to turn it on and try it out for the first time. Everything worked great, but I was distraught just a couple of weeks later to see the tool on sale for half off!
After taking a deep breath, I decided I wanted my extra 50% back. There has to be a way, right? Here is my journey of finding out how to get my $48 back, and how you can do the same in the future.
About a month ago, I bought a new house! This is the second home I’ve owned, but the new house is my first time owning a single-family home not connected to any other units. I feel so grown up!
I could not have bought such a great home without a mortgage, similar to many other young professionals. As a guy who used to approve mortgage loans and having gone through the process three times myself, I want to share the secrets that bankers don’t tell you about when applying for a mortgage yourself.